"This type of activity by fleets indicates that they are not overly concerned about an economic recession and continue to lock in build slots for the second half of 2023," FTR officials said.
Order activity for the last month of the 2022 was up over 100% versus December 2021.
At first glance, the fall of Class 8 orders might suggest some weakening in demand. Find out what factors actually put order intake as a solid end to 2022.
While Class 8 orders in November fell well off September’s 56,000-unit record, the year is still recording gains compared to 2021 levels.
Find out why FTR's CEO Jonathan Starks says trailer manufacturers seem to have found themselves in a "goldilocks environment."
With backlog-to-build ratios above the seven-month mark, fleets needing trailers are getting in queue and staying there, said ACT Research's Jennifer McNealy.
An ACT Research study indicates that trucking will be hit with a major prebuy before the next round of EPA emission regulations hit in 2027. HDT sits down with ACT Research’s senior analyst to get the scoop.
OEMs are working to increase Class 8 truck build rates, however key components remain in short supply and continue to limit production.
"The prevailing theme in trucks is largely unchanged: Long backlogs and supply-chain constrained production continue to keep new orders trending within a narrow range.”
High fuel prices and inflation are among the factors prompting analysts to say the freight pendulum is starting to swing back the other way.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
